In the Wall Street Journal, Richard Epstein has thoughts about the state and future of the legal industry, including a skeptical review of Stephen J. Harper's The Lawyer Bubble: a Profession in Crisis (Basic Books, 2013).
For another recent analysis, see, e.g., Richard Suskind, Tomorrow's Lawyers: An Introduction to Your Future (Oxford Univ. Press USA, 2013).
UPDATED 5/7/2013: Professor Epstein has further thoughts, and considers his critics' positions, at Ricochet.com.